金财谈币: Ethereum's high point successfully laid out for a retracement, waiting for a bottom to form during the day before continuing with a subsequent rebound and rise!
Every day, personal recommendations are published in the live trading group, grasping key points, controlling positions, and following trends, mainly focusing on spot, contracts, and excelling in trend layout, operating around short-term fluctuations, and predicting the top and bottom of medium and long-term trends, daily, weekly, and monthly trends!
Ethereum's market also smoothly retraced and fell. Yesterday's market layout was also discussed. The short-term pressure above is still quite evident. As for the intraday market trend, it still needs to undergo a short-term retracement and correction before considering a rebound and rise. The market's retracement and fall came as no surprise. Everyone should grasp the overall market situation.
As for the intraday market trend, the short-term is currently oscillating near the support of MA20 after the retracement and fall above. The short-term is also near the support below. Intraday market trend is waiting for oscillation, correction, and bottom formation near the support below. After the bottom is formed, only then can we continue to seize the rebound. As long as the support here can be maintained during the day, then we can gradually wait for the rise, subsequent breakthrough, and upward movement. Waiting for the pressure to rise, then we can focus on the long-term!
Therefore, for intraday operations, if the support at 2200-2220 can be maintained, gradual intervention in long positions can be made. Subsequent breakthrough of the pressure at 2300, and further pressure targets at 2400 or even 2600, gradually waiting for the upward pressure to break through is sufficient. If the support below cannot be maintained, defending the support is around 2120. Buying the dip can be done here, waiting for the bottom to form, and then focusing on the subsequent long-term.
Market fluctuations are fast. Due to the impact of review timeliness, real-time layout in the live trading group is the main focus for the subsequent market trends, and the recommendations are for reference only!
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